Note: Inverness Group LLC, its clients and its agents, (collectively, "Inverness") make no representations with regard to the accuracy or completeness of information provided to users accessing this site. Inverness has not assumed any liabilities under contractual agreements between North River Boats, Inc., North River Marine entities, or any affiliated company (collectively, "North River Boats") and users accessing the information on this site or receiving information from Inverness through its agents are advised to contact North River Boats for any questions relating to their Buyer Orders or other contractual arrangements with North River Boats.
Inverness Group LLC
S E A T T L E P O R T L A N D C H I C A G O
On Thursday, 2/26/09, North River Marine Inc. closed all 4 of its retail locations located in California, Oregon and Washington, following the Company's announcement on 2/23/09.
On Friday, 2/27/09, the Company surrendered the assets of North River Marine, Inc. to its secured lender which subsequently retained Inverness Group LLC to assist in the orderly disposition of the assets through existing sales orders and other means to be determined. No obligations of North River Marine, Inc. (Oregon, Washington, and California) were assumed or transferred to the lender in the surrender of the assets.
Arrangements to complete orders and deliver new customer boats and customer equipment in the service areas have been completed and the locations were opened on Tuesday, 3/24/09 to begin sales of 2008 models to the retail public. Additional information may be requested by completing the information and by contacting the representatives at the appropriate location on the Customer Page.
A decision will be made in the near future with regard to sales of 2009 models included in the Company's surrender of the assets to the secured lender.
The closures by the Company do not involve the North River Boat factory in Roseburg, which continues to manufacture new boats for the commercial, government and recreational markets.